What’s in a Name? Silicon Valley Bank and Who Should Bear the Risk

Is there a more fitting name for a bank that has taken on too much risk than “Silicon Valley Bank”? Now it has failed, but instead of taking down with it those most responsible, the federal government has stepped in to rescue its explicitly uninsured depositors. The Fed promised “no losses will be borne by … Continue reading What’s in a Name? Silicon Valley Bank and Who Should Bear the Risk